Game theory, for example, had its roots in an analysis of gambling behaviors in Subsequent work supported by the Federal Government generated far-reaching applications that have profoundly influenced predictions about economics, human behavior, and biological systems.
These examples underscore one of the most exciting features of scientific research: the process of exploring the natural world in pursuit of fundamental understandings can often deliver surprising new insights. Sometimes knowledge contributes to our understanding of the world around us; other findings may lead to practical applications now, or many years in the future. One of the hallmarks of science is that the path to knowledge is often indirect, and that in addition to rigorous investigation, discovery is often shaped by serendipity, human curiosity, and sometimes even heroism.
The Administration is also speaking out against efforts to gut funding for Earth science research and the social sciences , and is similarly opposed to placing increased administrative burdens on scientific agencies that fund the kinds of fundamental research that keeps America on the cutting-edge.
The road to many of the next great scientific or technological advances will start with basic science. I encourage you to share your favorite examples of basic research that led to unexpected insights or game changing applications on social media using BasicResearch. You are here Home Blog. Based on detailed information about where a scientific collaboration intends to spend their money, economists can take the first step in painting a picture of how that funding will affect the region.
The next step is accounting for the secondary spending that this brings. These first parts of the analysis account only for the tangible, concrete-and-steel process of building and maintaining an experiment, though. One way researchers like Horwitz and Forte have begun to assign value to such projects is by measuring the effect of the project on the people who run it. Like attending university, working on a scientific collaboration gives you an education—and an education changes your earning capabilities.
This method of measuring the value of scientific projects still has limitations. In it, the immeasurable, grander purpose of a fundamental science experiment is still assigned no value at all. The National Academy of Sciences hosted a symposium on February 26, , that gathered top business, academic, and government leaders to explore whether the modern research architecture that fuels U.
Sloan Foundation to mark the 75th anniversary of the publication of Vannevar Bush's seminal report Science, the Endless Frontier , which created a blueprint for U. Bush's report empowered government support for innovation and basic research at the nation's universities and the policies that ultimately drove U. This publication summarizes the presentations and discussion at the symposium focused on the future of pathways to leadership in science, how to respond to changes in the research enterprise, science and the public, the evolution of the government-university partnership, and connecting basic research with economic growth in the decades to come.
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